$1,500,000 homes project planned for Forest Park

$1,500,000 Homes ProjectPlanned For Forest ParkBY DON CUMMINSA real estate development totaling approximately $1,500,000 is being planned for the Forest Park area of Birmingham.The land to be developed consists of some 100 lots, beginning at Linwood-rd and extending to the paved end of Clairmont-av.The property is owned by the Birmingham Realty Co.Sidney Symer, president of Birmingham Realty, said yesterday the property which will be put up for sale to builders contractors and individuals, is val- ued at about $300,000.He said building will be limited to houses of 1400 square feet or more.Present plans call for the new development to be in keeping with the Forest Park residential section, Mr. Smyer said.The real estate executive also revealed his company has in prospect five or six national concerns that desire warehouse or office space here for distribution centers."We have been working closely with Birmingham's Chamber of Commerce Committee of 100in this respect," he said.Most of these firms want space upwards from 20,000 square feet to 30,000 square feet, he said."Total value of the property desired would be in the vicinity of $500,000," Smyer said.One of these projects handled by the Birmingham Realty Co. is the present facilities of the Union Envelope Co. at 31st-st and Seventh-av, n, which they now are building.Smyer indicated a good deal of property owned by his company on the Southside, "particularly along Third-av, s," will be developed for business and industrial purposes.

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$1,500,000 Homes ProjectPlanned For Forest ParkBY DON CUMMINSA real estate development totaling approximately $1,500,000 is being planned for the Forest Park area of Birmingham.The land to be developed consists of some 100 lots, beginning at Linwood-rd and extending to the paved end of Clairmont-av.The property is owned by the Birmingham Realty Co.Sidney Symer, president of Birmingham Realty, said yesterday the property which will be put up for sale to builders contractors and individuals, is val- ued at about $300,000.He said building will be limited to houses of 1400 square feet or more.Present plans call for the new development to be in keeping with the Forest Park residential section, Mr. Smyer said.The real estate executive also revealed his company has in prospect five or six national concerns that desire warehouse or office space here for distribution centers."We have been working closely with Birmingham's Chamber of Commerce Committee of 100in this respect," he said.Most of these firms want space upwards from 20,000 square feet to 30,000 square feet, he said."Total value of the property desired would be in the vicinity of $500,000," Smyer said.One of these projects handled by the Birmingham Realty Co. is the present facilities of the Union Envelope Co. at 31st-st and Seventh-av, n, which they now are building.Smyer indicated a good deal of property owned by his company on the Southside, "particularly along Third-av, s," will be developed for business and industrial purposes.